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as fox news, i'm jon scott, have a great holiday and great night. ♪ >> steve: welcome everybody to "fox & friends" christmas show. thank you for letting us share this holiday with you and your family. >> gretchen: we have amazing lineup for you billie ray cyrus is here. paula deen is is here. [ applause ] and all of your favorite permanents from the fox news channel they are going to stop by as well. >> brian: first, we want to welcome our very special audience who is here today. you have been affected by hurricane sandy and not in a positive way. but out of the destruction there is is some amazing stories of inspiration. some of you will share those stories and i look forward to hearing them and so does our audience. >> we also want to welcome everyone watching at home while you kids out there. we have a very special surprise for you. so ask mom and dad if you can stay up a little later. >> we also want to say hello to everyone serving overseas who can't be home for christmas. we thank you for protecting our freedom and we thank you for your service. >> so without further ado. let's ge
and applause] >> when steve jobs handpicked walter isaacson to write his life story, he had already been diagnosed with cancer, but after 40 interviews, the biography provides a vivid picture of a complicated man. >> i think it's a tough book. >> it's a book that's fair. i mean, this is a real human being. >> you will hear tape recordings of jobs himself talking about being adopted, creating apple, and his regret over ignoring what could have been life-saving cancer surgery. >> you're born alone, you're gonna die alone, and what exactly is it that you have to lose? there's nothing. [ticking] it's so much more intimate than a laptop. >> when steve jobs unveiled the ipad, there was no way he could have predicted what it would mean to people with autism. it turns out it may be the perfect device to help unlock the isolation many with autism feel by helping them communicate in ways that they couldn't before. >> i want a drink. >> i always had said when he was younger, it was like he was a computer and i was computer illiterate, and i didn't know how to press the right keys. sorry. that was t
: that is the suspicion that's shared by a lot of republicans taking it, steve, as almost an article of faith of three weeks, a month, that the president actually wants to go over the cliff and i'm not sure if that's true. i have no way of knowing if that's true. i kind of doubt it. if you look at it, the republicans lose a lot of leverage. they have painted themselves in to this corner. there's no denying that fact. john boehner obviously we know what happened last week. sifting through the wreckage of the plan "b." gone back to plan "a," a bill passed by the congress and extending tax cuts for everyone and sent to the senate. they don't expect the senate to take that. use that as a legislative vehicle and what's today? saturday. new year's eve is -- sorry. today's friday. too much holiday cheer. but come on. i mean -- >> he will be working the weekend. >> reporter: i am. oh my god. i don't want to get started on that. but anyway, you know, there's a lot at stake here. and, you know, it is late for this kind of thing to go on. and really, steve, i know you have been on board for this last several day
. so i think that was a very smart strategic move. >> all right, steve. >> i'll look at the senate level, the smartest move, mccaskill's move, saying you know what i think i want to run against todd akin, and she quietly helped him get the nomination. the rest is history. not only did it help her race, affect her race she had no business winning, there was obviously a ripple effect that helped democrats nationally. >> chris, the best move of the year? >> i think the best move, joe biden, who answered a question honestly without premeditation and frankly in his "meet the press" interview with david gregory when he was asked about marriage equality. and i think all the reporting afterward, was this a trial balloon, were they trying? no, no, no, joe biden was asked a question and answered with a moral legitimate move, a truthfulness that had these remarkable effects that it pushed the president to come clean about his personal evolution, i think that personally made a difference in the campaign. >> my visual on the campaign, we actually had a visual assist on this. "the washington pos
when he tried to cross the border with a antique shotgun his family said was an heirloom. steve harrigan is live. >> reporter: after four long months the 27-year-old former marine was released from the notorious prison late friday night after several hours of paperwork. he was accompanied by u.s. consular officials from the border between mexico and texas. he met his father and the two began the drive home. they had to stop off yesterday in a hospital in louisiana room in louisiana, john hammar suffering from the stomach flu. having trouble keeping food down. the goal was to get him home for christmas. looks like it will happen now. heather? >> steve, quite an ordeal for the family to say the very least >> reporter: a very tough time. they received threats, ex-torgs attempts threatening jon would be killed unless they paid money. his mother said only once he crossed the border that she could finally relax. >> it was my first night that i slept all night long without getting up. it was just the thought of not wondering what is going on with him, can anyone hurt him tonight? that
it ♪ >> simon: coffey co-produced his first album, "cold fact." critics liked it, but it bombed. steve rowland was responsible for his second. it did no better. >> steve rowland: nobody in america had even heard of him. nobody... nobody even was interested in listening to him. how can that be? how can that be? ♪ ♪ >> simon: and how could it be that no one in america knew that rodriguez had become an icon in south africa? steve segerman owns a record store in cape town. >> steve segerman: to many of us south africans, he was the soundtrack to our lives. if you walked into a random white, liberal, middle-class household that had a turntable and a pile of pop records, you would always see "cold fact" by rodriguez. to us, it was one of the most famous records of all time. >> simon: it was the 1970s, and under apartheid, political repression was at its height. rodriguez's lyrics resonated with people who'd had it with the system. >> rodriguez: ♪ the mayor hides the crime rate ♪ councilwoman hesitates ♪ public gets irate, but forgets the vote date ♪ this system's going to fall soon ♪
is an update from an old friend and pair of ours, author of "beyond outrage" and steve moore, i guess robert reich attacks things, but why is it your democratic friends never want to cut spending and never want to shrink the government? why is that? >> i think a lot of documents are willing to cut spending that maybe you would agree with, larry. the problem with this bill, the biggest problem is it doesn't deal with the debt ceiling. we are going to have trench warfare and this is not going to end. >> the debt ceiling which is a scary thing. the republican's last shot at leverage, but markets get real nervous as i do when you start messing around with the us credit worthy news. and during the negotiations the democrats had no interesting spending. let me say one thing about this deal. if you look at the specifics of the deal, you know, it is not such a terrible thing, it is probably the best that republicans could get. but i want to make this point loud and clear. this is raising taxes on investment and businesses. i don't see anything good about it for the markets. we finally have resolutio
with mitch mcconnell. steve handelsman explains why some lawmakers might prefer to go over the cliff. >> reporter: the night before the fiscal cliff. >> the senate stands in recess. >> reporter: the senate gave until tomorrow. >> there still time left to reach an agreement. >> reporter: house lawmakers headed home, dropping a command to cut social security and hope the senate sends them a deal with minimal tax hikes on the rich. >> i'm still optimistic that we can get this averted before the final hour here tomorrow. >> reporter: when the clock strikes 2013, taxes go up on most americans. huge defense cuts kick in, which some republicans claim barack obama favors. >> it's obvious the president wants us to go over the fiscal cliff. >> reporter: on "meet the press," president obama blamed republicans. >> they say their biggest priority is dealing with the deficit, but the way they're behaving is their only priority is making sure taxes don't go up on the rich. >> reporter: the senate minority leader says -- >> i'm willing to get this done. but i need a dance partner. >> reporter: enter
and fundamental side with steve cortes. good to see you both. one has been a stellar performer and the other not so much. what do you like right now? >> bill, you just summed it up. the news came out over the weekend and the market is telling you what you should believe in. netflix is up 1% and amazon down 3.5%. look at the chart in amazon, you can see it's been showing us this over the last four months. amazon put a high in at 261. about eight days ago tried to take out that high and couldn't do it. it put in a double top. that's a sign of a -- you know, of a failure. you have a stock like amazon who basically -- the stock failed at 261 and now we have a 20-day moving average which it broke through and 209-day moving average, the last time it broke through the 20-day moving average it fell 13%. now we look over at netflix, that's a totally different story, right you? said it was a dog. it bottomed out at $54 and broke above its 20-day moving average and stayed above its 20-day moving average for the last four weeks. if it stays above its $20 moving average we're going to long this. our pric
capital, rick santelli, steve guilfoyle on the floor of the exchange with us as well. let's see. let's start with you, mr. grinch. you sell on any strengths, even now, even if we get a deal? >> well, fundamental analysis is thrown out the window. this obviously is a headline-driven market. any time you're hearing about something that's going to take place, any hint at any type of negotiation, any type of a deal, the markets tend to respond. right now i think the markets are calling their bluff right now. we're not expecting a lot out of what's taking place in washington at this moment. here's a thing, guys. even if there is a deal, it's going to be tough. you'll have a knee jerk reaction. markets should be rallying, might be a great opportunity to sell into strength, because when you look behind the curtain of any deal that's going to happen, it's going to be remarkably bad for the economy. >> austerity on the way. >> absolutely. >> whatever we're looking at. >> talking about spending. the whole conversation has been about tax hikes. i mean, you can't -- you're talking about how many
clinton's glad clot. medical experts say the severe a steve the problem depends on the location of the clot. most risky are the rain. she is being treated by anti-could he ago ooh atlantas and will remain at new york's presbyterian hospital until tuesday to monitor her medication. this is not the first time that mrs. clinton had been treated for a blood clot she had one in the back of her right leg in 1988, she described it as the most serious medical condition she ever experienced. after a stomach virus she fainted and hit her head. it is possible the newly discovered clot had form before she was diagnosed with a discussion. it also could have resulted from bed rest. >> the blood clot i'm assuming is similar to the one she had in 1988 which was in the back of her leg. she did have a concussion recently, which probably made her a little immobile at home, which is a bit of a risk factor for developing clots in veins in legs, especially in people who are at risk for them h-frpblgts since suffering the concussion secretary clinton has not made any public appearance and canceled ove
iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge of the deal, maybe even p
republicans may believe, as steve said that raising taxes on people over 250 is a mistake, president obama ran very clearly on doing exactly that, won 51% of the vote, 332 electoral college votes, we are probably going to get there the question how much crockery do we break along the way? >> ron that's fine. let's be fair here. we have been negotiating this six weeks, since the election. the president, when i talk to my republican sources say, look, the president hasn't put anything serious on the table still on spending cuts, ron. i think that's, you're right urkts bo, both sides have to give a little bit here, i haven't seen much give on the democrats' side of the aisle here. >> the inability to comp prom my keith stone to democrat circumstance todd, why don't you weigh in on this. what is your feelings with what has to be dealt with by not just this congress but 1913th congress, numerology could worry you a little bit. >> stephen hit the nail on the head, talk about the spending cuts, that actually is not even in existence right now you right now you the top line issue has been about tax re
representative congressman steve latourette. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >>> washington finally seems ready to ring in the new year with a deal that averts the fiscal cliff. it only has taken 517 days to reach this point. what a waste of time. from the cnn money newsroom in new york, i'm ali velshi. this is your money. with only hours to go, president obama says a deal between democrats and republicans is, quote, within reach as america ticks closer to the fiscal cliff at midnight. >> they are close, but they're not there yet. and one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're supposed to do, they will use that last second. >> duown to the wire. if you thought the fiscal cliff snuck up on congress, the
again at least. steve has the latest from capitol hill. >> sources are capitol hill say president obama in today's talks feels he has the advantage back and that he will press on his original demand that income taxes rise on earnings over $250,000. it's a positive sign, the first meeting since mid november the four congressional leaders at the white house. called by president obama, house speaker john boehner is a key figure. >> the fact that he has come back to me says that they cannot come up with some kind of agreement. -- that they can come up with an agreement. >> both sides want to avoid middle-class tax cuts. the hang up is the tax hikes on the rich. those making over $250,000 in the obama reposal or $400,000, a level that mitch mcconnell reportedly said he might be able to sel? republicans won the debate shifted. >> the talk about taxes, but what it should be about is what we want to talk about today -- the medicare fiscal cliff. >> no date to cut a day to reform entitlements by tuesday. >> if we do something right now to have long-lasting, adverse effects on economic growth, th
co om, they co from optimistic people living in rich people like steve jobs or leonardo in italy. they are not driven by desperation or worry. in fact, i think it is the pessimists who are the complacent ones these days because they are saying, you know this is as good as it can get. we cannot make it any better. we better be careful about modified foods in indicate they are worse than existing technology. i think this world is great. but it is a veil of tears compared to what we could achieve. >> and could achieve. so, thank you, matt ridley. coming up, who wants do go into space? soon we will all be able to go there. >> i talk about how innovation makes life better but where is the innovation coming from? politicians say from government. the big success story is america putting a man on the moon but think about it, yes, nasa put a man on the moon but they spent billions and have not been back in 40 years. by contrast, an organization called x prize is offering a prize and now a space ship launched three people into space. they won $10 million. there is another x prize offed for
department public information officer, steve huffman. mr. huffman, thank you for joining us. one of the churches, trinity episcopal suffered a lot of damage. part of the roof is gone, front part of the parish is gone. and they went through a $1 million renovation. thank goodness it didn't happen when the church was packed. as daylight breaks what is the biggest challenge in terms of cleanup? >> we had public works crews working throughout the night and alabama power crews working to restore power in those affected areas. these guys -- i mean, unfortunately, this was not anything new to us. now, tornadoes are, but we're used to hurricanes, so we deal with power outages and things like that in emergencies such as this. our guys are well trained to respond to the types of incidents? >> how rare is it to have these tornadoes at this time of the year and nobody hurt, so you must have had pretty good warnings out there? >> we have been told a couple of days ahead of time to expect some severe weather to include tornadoes, and i think everybody was prepared for that. of course, we were
't love the attention." let's bring in the panel now. steve hayes, senior writer for "weekly standard." nina easton, from "fortune" magazine. and charles krauthammer. sindcated columnist. nina, start with you. your husband was on the romney team. >> my interpretation is mitt romney didn't need to run for president after everything he has done in his life. saving the economics and making the money he has done, he made. being governor of massachusetts. more he didn't need to. but i would say that romney didn't underestimate how hard this was going to be. you had a crowded primary field going in to it first of all. he lost in the primary in 2008. when you get to general election, people forget how hard is it to unseat incumbent. 14 of the last 16 attempts failed. lep they succeeded, why have they succeeded in the incumbent president had to go through a primary. go to 1980 when reagan reag won. jimmy carter had a bad economy, but he had a primary channel from very elquent and charismatic ted kennedy. flash forward to 1992. george h.w. bush unseated by clinton with 42% of the vote but ross
like steve jobs or leonardo in italy. they are not driven by desperation or worry. in fact, i think it is the pessimists who are the complacent ones these days because they are saying, you know this is as good as it can get. we cannot make it any better. we better be careful about modified foods in indicate they are worse than existing technology. i think this world is great. but it is a veil of tears compared to what we could achieve. >> and could achieve. so, thank you, matt ridley. coming up, who wants do go into space? soon we will all be able to go there. ♪ [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. sowhy let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediat
announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast. [ male announcer ] stop the uh-oh fast with kaopectate. remark able news on a story i told you about at 5:00, we had just been told that teresa nash, the mother of two missing georgia boys has been contacted by her sons. after our interview, the boys apparently called her and told her they were in austin texas. she made her plea right here on our show. >> the children, please call mommy,
margie omero, and chip saltzmann. i want to talk about with what steve la tourette had to say today being interviewed on cnn. >> this isn't a one party or a one house problem. this is leaders of both parties and all branches of the government not willing to make the deal they know they have to make. everybody wants to play the blame game. this is about to put us over the edge. >> perry, i want to start with you. if perception is reality and the blame is going to matter to somebody, which side is it really going to matter to? ivities the blame is on both sides. what's driven this whole process is republicans are very opposed to -- just the republicans who will vote for any tax increase. we learned last week from the plan b vote. once we go over the cliff, republicans are ready for a tax cut, not an increase. right now that's what the big challenge is. >> chip, is that the biggest strategy here, get to the third and pass the third, the new congress comes in, boehner danger doesn't exist anymore, his speakership stays in place and grover norquist gives a thumbs up to up? >> i don't think tha
sincere steve. we're focusing on buying at the top. nothing more arrogant than when an insider backs up a truck for his own stock, sitting at a 52-week high. they are saying we know we rock, and we're so confident it will keep going higher, we'll buy stock hand over fist, not waiting for a pullback. buying what looks like to be the high. arrogant, sure, but bankable uverse, and there are notable exceptions occupying the wall of shame. let's assume they know what they are doing. not everyone deserves the benefit of the doubt in this business, and after the financial crisis at the end of 2008, i know a lot of people think ceo execs are fraud, crooks, liars, especially those of you who got burned on lehmann brothers. that's the wrong lesson to draw from the crash. healthy skepticism is one thing. a total unwillingness to believe anything positive is something entirely different. if you are going to own stocks, you need to be willing to extend some measure of trust to those who run the companies. getting their stock to a 52-week high and buying a bunch of shares is pretty darn good reason t
. breaking the record for the most expensive co-op ever sold in new york. and number four, steve wynn. he bought this luxurious condo. also in new york city. $70 million. the apartment which was once the hotel's ballroom has 14 rooms and over 10,000 square feet of space. which is massive for new york. number three, we are still in new york were a russian billionaire bought a penthouse on central park west for $89. he reportedly bought it for his college age daughter to use when she's in town. i hope she's countable there. number two, this lavish new york city duplex penthouse with jetliner views of central park. the 11,000 square-foot penthouse was originally listed for $110 million. but the buyer is anonymous. i can tell you it is. the most expensive home by 2012, look at this. it is in montana. the billionaire owner of the st. louis rams bought this range. the final sale price not yet revealed. but if he paid nearly 1.5 million asking price, it would have been by far the biggest residential real estate sale in the u.s. this year. i could use a ranch house. that would be nice. coming up,
: number ten, apple, the first year without steve jobs, and a company that is trying to prove under a new ceo that it can still invent things we didn't even know we needed that we would buy, faster than anything has been sold, in personal technology before. number nine, the u.s. stock market, despite all of those worries about the fiscal cliff and maybe slower growth in trust economy, the stock market has had a great year. too bad you missed out. the smart money has been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users, pummeled the stock, which is on its way back to the ipo price. >>> number seven, mother myer. the new ceo of yahoo! who announced she was just going to take a two-week maternity leave. >> number six, mother nature, an intense drought in the midwest that scorched the corn and soy crop sending prices sky high. >> t
congress steve la turret of ohio, a member of the appropriations committee. thanks for coming "outfront." with this plan that the president's put forward, the scaled-down plan which would keep taxes low for 98% of americans, raising them for folks over 250, extending unemployment benefits. would you vote for that as an alternative to going over the fiscal cliff? >> i would have voted just to extend the tax cuts for 99.8% or whatever it was of americans that was john boehner's plan "b." a couple of things are either being misreported or inaccurately reported because what gets in the way of the president's plan is the constitution of the united states. and the good thing about this meeting is that the focus is now firmly on the united states senate where it should have been all these months. the house acted a long time ago to extend all the tax cuts and take care of sequestration. the senate has given speeches. >> you're referring to the fact that revenue issues are supposed to generate in the house. right now, both speaker boehner and the president say it's between reid and mcconnell whi
on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok.
over the fiscal cliff. what happen fess we don't in steve liesman's predictions. >>> have you bought an apple product on-line from anyone? if you have, listen up, snatch and grabs are plaguing apple users throughout the country and are making their way on-line. [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ executor of efficiency. you can spot an amateur from a m
christine romans and ali velshi. >> number ten, apple, the first year without steve jobs and the company is trying to prove under a new ceo that it can still invent things we didn't even know we would wee needed that we would buy faster than anything's been sold in personal technology before. >>> number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock, which has yet to climb its way back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced she was just going to take a two-week maternity leave as she tried to turn this company around. 37 years old, it looks like a mother's touc
, na, na, na, ♪ your branches are so nice >>> a holiday mashup. from mather deejay steve porter. jingle all the way oh what fun it is to rock and roll with "gma" ♪ ♪ this is a christmas miracle a christmas miracle ♪ ♪ this time of year is wonderful ♪ ♪ ♪ oh ♪ give me lots of holiday parties ♪ ♪ where do you want me ♪ this is the place to be >> oh, my gosh. ♪ i do know this ♪ let the gun begin. ♪ "gma" took it to a whole nother level ♪ ♪ i think you might like it ♪ just freeze it ♪ you have never looked better ♪ let's try this again ♪ jingle jingle jingle all the way ♪ ♪ a beautiful sight we're happy tonight walking in a winter wonderland ♪ ♪ the holiday mashup. the holiday mashup good morning, everyone ♪ ♪ we're going to give all kinds of good stuff ♪ ♪ carol of the bowls ♪ ♪ take a look, oh gosh, oh good everybody's good ♪ ♪ we're on the way we're on the way helping out this holiday ♪ ♪ "gma" the holidays ♪ naughty nice naughty nice ♪ four four four >> a big christmas greeting to robin roberts and the w
for the economy in the new year. here is steve liesman with a preview of what he expects in 2013. >> trying to figure out what's going to happen in 2013 depends on one very important development. whether the u.s. goes over the fiscal cliff in a few days' time. and, for how long. if it's avoided, there's considerable upside for the economy. we could see at least one, and maybe two quarters of growth above 3%. the kind of growth that would put people back to work and lower the unemployment rate. why? because business has been holding back investment under the uncertainty, unleashing business spending would add to the growth from the rebound in housing and from the consumer who has hung in there despite tough times. in fact, we could see unemployment drop below 7%. although it might first rise, and people come into the workforce will be discouraged but then it could start to fall. as for the fed i think the market may be overstating its expectation for asset purchases from the central bank in 2013. at the current pace the new round of quantitative easing will add $1 trillion to the balance she
store. sandy and steve roth, the folks i bought it from, had it for over 30 years. i'm so excited. >> ainsley: i love to hear that. >> you got to all come on. >> ainsley: it's been in the community for ages and you bought it. >> the building is from 1780. >> ainsley: wow. how is it going? >> it's going great. three weeks. today is my only day off and i come to visit you guys. >> ainsley: you'll be on later. >> i'll be on later to do a great ricotta cheesecake, very easy. >> ainsley: what's your favorite christmas tradition? your e-mails are pouring in and we'll be reading some at the top of the hour. and then, a shot of alcohol just saved a man's life? what? we'll explain. that's in the next hour. i have lost 101 lbs on weight watchers onle. i just got start and i'm like "hey, that first 20 came off, well it wasn't too hard at all." i love breads. you can still eat bread. i love my sweets. i can still have a cookie on weight watchers. i love the barcode scanner. occasionally, i'll use it at the bar. of course! that's what it's for, right? bar code. oh i think i'm never going there
. and then, you know, i don't think we've run this bite enough. >> tim geithner told steve liesman. >> i have it ready. >> that he is we should show it multiple times. >> tt is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest -- remember, it's only 2%. and all of those americans get a tax cut on the framework of the first $250,000 of their income. >> yeah, yeah, you still get the 250, andrew. they love that. what does oh, absolutely mean, bob? >> maybe it means his favorite movie was "rebel without a cause." >> go the. >> i guess it's letting the other side know you're willing to go eyeball to eyeball with something that is terrible. >> i see both sides pretending to say, yeah, we're doing all we can, but it's almost just like this -- like boehner just said, hey, you guys, you happen, in the democratic-controlled senate, you put a bill together. i'd love to consider it. he can't get his guys to consider a democratic bill. >> as long as they feel like they ca
less than they otherwise should be or would be. >> and we talked to "the wall street journal's" steve moore a little while ago and i asked him about the psychological effect if we go off the fiscal cliff. i want you to hear what he said. >> i talk to small businessmen and women all the time. they say, we're not hiring now. we're canceling a lot of our plans to make new expenditures, which you need to do if you want a vibrant economy. and we're really seeing the impact in the stock market the last couple of weeks. so this is not a good way to run a railroad. and the economy is already taking a hit because of all this turmoil in washington. >> you agree with that, that we've already seen the impact of not having a deal to avoid this cliff? >> i don't think we've seen all of the impact. undoubtedly, stephen moore is correct that the stock market is reacting, particularly over the last couple of days. but most people, most institutions, most companies, most consumers assume that there will be some sort of a deal or if there's not a deal, at least by monday, then there will be a deal withi
that collected $20 at the bar after we played basketball. >> to have steve show up at my house today, it means a lot. we totally have zero. we lost everything. couple of items here and there, but -- >> hello? when you do something for somebody, the, you know, you go through the tears, you go through the thanks, the hugs and everything, but at the end of the day, you walk away, you go -- i just -- your name came across our desk. so from the gray beards. >> you don't have to do that. >> how are you holding up? all right? >> yeah. >> i did good today, you know? i helped somebody. >> little something, all right. hope you get through. >> the gray beards change a person's life. there is an expression in rockaway about you're born with sand in your diaper. after years of irritation, you know, you want to feel good, so you go out and help people, you know? >> there you have it. people trying to lend a helping hand. if you forgot to do your christmas shopping, or waited until the 11th hour, you're not alone. this is the 11th hour, by the way in case you were wondering. alison kosik is at the new york s
steve la tourette and democratic senator richard blumenthal. "sex and the city" d.c. style. we'll talk to the authors of the juicy new novel dishing about life working for a demanding senator on capitol hill and he's a mean one. the grinch from the musical joins us live and it turns out he may not be that mean after all. that and much more in 14 minutes or so. the grinch is going to be here. >> in costume, i hope. >> of course. it's going to be the real grinch. it's not an actor, it's the grinch for those kids watching this morning. >> of course it is. thank you, ali. >> good to see you both. >> we'll be watching. 47 minutes after the hour. let's get you up to state with the top stories. six states from pennsylvania to maine facing a winter storm, a big one. 12 to 24 inches of snow could fall in parts of new england. holiday travel just a nightmare on the roads and in the air. more than 1700 flights cancelled just yesterday and much more of the same expected today. >>> people in oceanside, california, waking up to this. a water main breaking creating a giant sinkhole. it swallowed a bu
, however, he was inducted into the academy of television arts hall of fame in 1992 and in 2005 he steve the presidential medal of freedom and won a grammy in 1997 for his album of gospel music but his legacy for many will be the andy griffith theme song. >> of course. >> i didn't realize it went out at the top of the ratings like i love lucy and seinfedl. >> and henry hill. >> a a know torous new york city mob teresa payton and fbi informant jess died from heart failure and lived a complicated life from drug cartels to the air france robbery which then formed the base for the martin score saycy film. popular characteristic. >>> and robin giv gibb of the bee gees. stayin' alive and how deep it your love. >> best known for being one of the members of the bee gees with a career spanning six decades. they he sold more than 220 million records worldwide. divide as one of the major figures in the history of british music. he will be remembered for putting the disco on the map in the late '70s and creating the saturday night fever soundtrack starring john travolta can. and he received multiple
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